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Pain has spread from the lower class to the middle class to the wealthy. Now Washington is paying attention, because it effects them personally. This Federal government is an oligarchy, nothing more, nothing less. The citizenship will vote in whichever economic mental dwarf as President they best see fit with crossed fingers. It will not matter. 25 years of credit bubble which accelerated the last seven years is bursting. Deflation/Inflation is what is in store for the population. The Middle Class historically takes it in the rear the hardest, small businesses close up, unemployment will accelerate quality of life is going down and will go down much further for most in the next four years. But the same Middle Class doesn't just die, they revolt at the voting booth as the pain we see now becomes desperation. And if they feel they cannot make political changes they revolt physically. Americans will not be servants of foreign nations and that is what has begun occuring and will likely accelerate over the next four years as sovereign wealth buys up major US institutions. Washington has had little choice of late but to capitulate to sovereign wealth. Washington is playing a very dangerous game of not moving very quickly on energy independence.
Sep 18 09:47 am
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